Weatherford Democrat

Aledo ExtrA

February 14, 2014

Emergency farm loan applications accepted

Applications for emergency farm loans for losses caused by drought are being accepted at the Farm Service Agency office in Stephenville, Cynthia P. Kruger, farm loan manager, said Thursday.

Parker County is one of 162 in Texas recently named by Secretary of Agriculture Tim Vilsack eligible for loans to cover part of actual production and/or physical losses resulting from the drought.

Kruger said farmers may be eligible for loans of up to 100 percent of their actual losses or the operating loan needed to continue the agricultural business, whichever is less.

For farmers unable to obtain credit from private commercial lenders, the interest rate is 3 percent.

“As a general rule, a farmer must have suffered at least a 30 percent loss of crop production or suffered any physical loss to be eligible for an FSA emergency loan under this disaster designation,” Kruger said.

Producers participating in the Federal Crop Insurance program will have to consider proceeds from those programs in determining their production loss.  Additionally, any insurance proceeds received by producers as a result of the physical loss will have to be considered in determining their total loss.

“Applications for loans under this emergency designation will be accepted until Sept. 15, 2014, but farmers should apply as soon as possible. Delays in applying could create backlogs in processing, with possible delays into the new farming season,” Kruger said.

FSA is a credit agency of the U.S. Department of Agriculture. It is authorized to provide disaster emergency loans to recognized farmers who work at and rely on farming for a substantial part of their living.  Eligibility is extended to individual farmers who meet U.S. citizen requirements and to farming partnerships, corporations, or cooperatives in which U.S. citizenship requirements are met by individuals holding a majority interest. 

The FSA office in Stephenville is open 8 a.m. to 4:30 p.m. Monday through Friday. Additional information regarding Disaster Assistance Programs may be found online at http://disaster.fsa.usda.govhttp://disaster.fsa.usda.gov.

1
Text Only
Aledo ExtrA
  • EXTENSION NEWS: Take a mind vacation

    For many of us, every day has some sort of stress associated with it. Whether it is something at home or at work, it seems like there are a million things stressing us out and making us feel overwhelmed.

    April 20, 2014

  • VETERANS’ CORNER: Veterans’ needs the target of recent discussions

    Ministers responsible for Veterans Affairs and officials from Australia, Canada, New Zealand, the United Kingdom and the United States completed a series of meetings April 8-11 at the United States Military Academy at West Point, N.Y., discussing the latest research, best practices and various areas of collaboration to address the growing needs of veterans.

    April 20, 2014

  • 0420 loc PCMG rusty blackhaw viburnum 026.jpg ASK A MASTER GARDENER: Blooming natives add color to Texas landscapes

    Here are this week’s gardening questions and answers, provided by Parker County Master Gardeners. To submit a question, send it to pcmgaquestions@gmail.com. For more information about Parker County Master Gardeners, or to become a member, call 817-598-6096 or visit www.pcmg-texas.org.

    April 20, 2014 1 Photo

  • Taste of Parker County logo.jpg Canyon West to host Taste of Parker County

    Prepare your taste buds, because the sixth annual Taste of Parker County is just a few short weeks away, and this year’s event has moved to a larger location to accommodate even more great eats and treats.

    April 19, 2014 2 Photos

  • Grand jury indictments for April returned

    A Parker County grand jury on Thursday indicted a man accused of breaking into his neighbor’s home and threatening him with a BB gun before engaging in a brief standoff with deputies.

    April 19, 2014

  • IMG_7134.JPG Despite cold, peach crops looking rosy

    Parker County peach growers won’t know for sure for a few more days, but as of Wednesday, one day after April temperatures plummeted into the low 30s, they’re predicting a good, even rosy, peach harvest for this year’s Parker County Peach Festival.

    April 16, 2014 1 Photo

  • Aledo ISD "Shattered Dreams" and parent workshop

    Aledo ISD high school students will get a taste of what it’s like to be in a car accident with fatalities Thursday, April 17th, and Friday, April 18th, as they participate in “Shattered Dreams,” a program designed to save lives. A parent workshop about the topics addressed in the program will be held from 7 p.m. to 9 p.m. Wednesday, April 17.

    April 16, 2014

  • Hitting the trail for MS

    STEPHENVILLE – The Cowboy Capital MS Trail Ride is a fun-filled event dedicated to raising funds that support national research into the cause and cure for Multiple Sclerosis as well as provide programs to more than 9,000 people in the Lone Star Chapter area whose lives are touched by MS.

    April 16, 2014

  • Parker County man killed in single-vehicle wreck

    A 60-year-old Parker County man was killed around 9:30 a.m. Tuesday in a one-vehicle crash in the 2100 block of FM Road 3325, also known as Farmer Road.

    April 15, 2014

  • hiebert_kim.jpg Aledo City Council Place 4 candidates for May 10 election

    Early voting for the May 10 general election begins April 28. Following is some information gathered from the candidates for the Place 4 Aledo City Council seat. Aledo Mayor Kit Marshall is running for re-election unopposed.

    April 15, 2014 2 Photos

Must Read
Top News
House Ads
AP Video
Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest